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§ 5-11a-3 — Alabama Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alabama/
  4. Title 5 - Banks and Financial Institutions/
  5. Chapter 11a - Regulation of Trust Business of Banks and Trust Companies/
  6. Article 1 - General Provisions/
  7. § 5-11a-3
Alabama Legal Code

§ 5-11a-3

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No trust company hereafter organized under the laws of Alabama shall have total initial capital accounts actually paid in of less than $1,000,000.00.